The full form of ATM is “Automated Teller Machine.” The term ATM comes from “Automated,” indicating it works automatically, and “Teller,” referring to the role of a bank employee, combined with “Machine” for the device itself. What is ATM? An ATM (Automated Teller Machine) is an...
This is because too many NPAs can adversely affect their liquidity or growth abilities. A non performing asset can be manageable; however, it depends on how many they are and their past due period. In the short term, banks can tolerate a good amount of NPAs. But if the volume of NPAs...
This is because there is less need for research, analysis, and frequent trading. Lower expenses translate into higher returns for investors. Long-Term Investing- Index funds are well-suited for long-term index fund investing strategies. They are designed to capture the overall market returns, ...
Let’s say your insurance plan dictates a yearly deductible of $500. This means that you have to consume this amount before your insurance provider starts covering the costs. Let’s say your first medical bill for the year is $200. Since it’s less than your deductible, you are responsibl...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first ...
Cost of capital is a very important parameter in deciding long term success of the financial plan. (c) Optimum utilization of acquired funds The major challenge in front of an enterprise is to ensure that the returns must exceed the costs. ...
Income from Capital Gains: Have yousoldMutual Funds,Stocks, Bond, Gold, Land, or Property.Tax classified as Long Term Capital Gain Tax(LTCG) and Short Term Capital Gain(STCG) is based on the asset you sold, the time period you owned the asset. Details in our articleCapital Gain Calculator...
Brand credibility:Brand partnerships are mostly long-term and if one brand fails or loses its goodwill, all other brand partnerships are put at stake. Partner dependency:Every stakeholder in the brand partnership is dependent on each other for multiple resources and demands. Such dependency becomes...
What is Gratuity in India?is an important component of income but is ignored by most people, especially in the private sector. The reason is people don’t stick with one company for the long term – another reason is the uncertainty of job. Even “Yours Truly” changed 4 companies before...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first...